Your Crypto Guy ๐Ÿ‡ฎ๐Ÿ‡ณ
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Fed says the Committee will ease the rate of reduction in its securities holdings by lowering the monthly redemption cap for Treasury securities from $25 billion to $5 billion.
For the last two years, the Fed has been selling holdings worth $25-30Billion every month. Now, it will be $5 billion/month!
240,000 ETH withdrawn from Bybit just a while ago!
Bitcoin 1D ๐Ÿ“Š
Bitcoin is trading above the 2 year support and last yearโ€™s $74K resistance, Which isnโ€™t a negative sign!
Monthly Chart ๐Ÿ“Š
In the last 1 hour, USDC has printed $277 million USDC and recently, it has been observed that more USDC is being printed than USDT, which is being sent to exchanges.